Search results for “Financial results”
Marriott Q2 RevPAR more than doubles in Greater China, raises full-year guidance
08/02/2023|7:30:47 PM|
The 2023 net room growth rate is expected to be between 6.4% and 6.7%.
Accor sees solid activity growth in first half, raises full-year guidance
07/29/2023|7:02:44 PM|
Demand is expected to remain strong for the coming months.
Meituan keen on sustaining its aggressive marketing and content strategy
05/31/2023|12:09:56 PM|
The company decided to focus on consumption recovery in Q1 with wide-ranging marketing initiatives, upping the ante to “explore traffic growth, and also to stimulate non-instant demand”.
Chinese hotel giant H World registers 67% rise in Q1 revenue
05/30/2023|11:46:28 AM|
For Legacy-Huazhu business, RevPAR in Q1 2023 recovered to 118% of the Q1 2019 level.
Leisure-focused OTA firm Tuniu posts 52.3% rise in Q1 revenue
06/09/2023|11:12:17 PM|
Q2 revenue is projected to rise 140%-150%.
Trip.com Group sees potential upside in inbound business
06/09/2023|8:16:11 PM|
The OTA acknowledged the Chinese government’s friendly policies, including convenient visa services, as well as the growing prowess of its own global business to facilitate inbound travel.
Trip.com Group posts revenue exceeding pre-pandemic level in the first quarter
06/08/2023|12:02:42 PM|
Domestic hotel bookings grew by more than 100% year over year.
H World strengthens its direct bookings pie
06/01/2023|1:46:37 PM|
Direct bookings through H World CRS (central reservation system) increased from 47% to 62% of the 2019 level in Q1 this year.
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